ABSTRACT

The development phase is the time when the creative foundation for a project is set up through visual and written materials. Inspired by an idea or a vision, writers and artists strive to capture the unknown. To some, it is a seemingly simple process; however, it is much more involved than one might imagine. To start with, there are no hard and fast rules to development. The approach taken is dictated by the property, its source, and the people initially attached to it, such as the creator (hereon referred to as the seller) and the buyer. Putting together a strong development team to bring the concept to life is one of the most important steps in creating a successful project. While it can be challenging to match up key players who have a creative chemistry, when the right people are in place, there is no limit to the potential of a project.